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Field Guide to Partnerships & Teams

(Updated June 2013)

Creating a partnership or team is a big step. Find out the pros and cons, read about real-life examples of teams, learn how teams work together and avoid problems and much more. (A. Siudzinski, Senior Library Information Specialist)

Tips for Working With a Partner

  • Sign an agreement before the partnership takes effect.
  • Clarify the job duties and responsibilities for each partner, in writing.
  • Choose a termination date for the partnership... just in case it doesn't work.

Source: Is it time to work with a partner in your real estate career?, (Realty Times, Feb. 6, 2004).

Considering a Partnership or Team?

How to build a high performance real estate team,  (YPN Lounge/REALTOR® Magazine Online, May 3, 2013).

The team concept: is it for you?, (ActiveRain, Feb. 8, 2011).

Go team, (Florida REALTOR®, Jan. 2008).

Soaring high with power agent teams, (Realty Times, Jan. 14, 2008).

Successful Teams

A winning real estate team for 15 years and still going strong, (Beverly Hills Courier, Aug. 5, 2011).

Making the team concept work, (RISMedia, Aug. 9, 2008).

Team realities: after advertising, compensating and training, can you stay profitable?, (RISMedia, Mar. 27, 2007).

Books, eBooks & Other Resources


The following eBooks and digital audiobooks are available to NAR members:

101 ways to reward team members for for $20 (or less!) (Adobe eReader)

The ABC's of building a business team that wins (OverDrive Audio Book)

All Star Sales Teams (Adobe eReader)

Boomerang! Coach your team to be the best and see your customers come back time after time! (Kindle, Adobe eReader)

Building Better Teams, (Kindle, OverDrive Read, Adobe PDF eBook, Adobe EPUB eBook)

Complete partnership book (Kindle, Adobe eReader)

Co-Leaders: the power of great partnerships (OverDrive Audio Book)

Manage teams successfully (Kindle, Adobe eReader)

Nice Teams Finish Last (Adobe eReader)

Overcoming the five dysfunctions of a team (Kindle, Adobe eReader)

The Hedgehog Effect,  (Kindle, OverDrive Read, Adobe PDF eBook, Adobe EPUB eBook)

Field Guides & More

These field guides and other resources in the Virtual Library may also be of interest:

Field Guide to Family Firms

InfoCentral Blog

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The inclusion of links on this field guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this field guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.